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Post: Small Business Tax Credits -Healthcare ReformThis forum post has messages dated from 10/21/10 through 10/07/11, please be sure to read all the messages. If you feel it is old or outdated, please follow up with a question or comment and someone may be able to update it, or reply with newer information if you have it. - Small Business Blogging
| Post: Small Business Tax Credits -Healthcare Reform Small business. There are some paramenters for this however (we knew it was too good to be true). As we progress, ...blogging more specifically about each item. For the meantime, Ill hit on some highlights: 1. This credit is good for only ...business has to have a lower average salary (if you have highly compensated employees you will NOT be eligible for hte ...business has NOT taken advantage of the tax credits before the Exchange is set up in 2014, the business can still ...business starts to offer health benefits at that time) Will get more specifically about this later, but small businesses that are |
| It is an advantage on the part of small business offering insurance. In that matter they can gain tax credits for two years. On the other hand, it will be a little disappointment for employees to receive a lower average salary. So I am quite skeptic whether the employees can stay longer in the job. Perhaps they can provide additional benefits to compensate the low salary. What could be the effect to the payers, then? |
| Well, if the employees can also have some other way to receive money from the business either by commissions or tipping if it is food service related then it could work out rather nicely for them. For my part if I were to work in a business such as that, then obviously I would be aware of the terms of contract and my salary before hand and if I agreed to it then I would have no one to blame but myself. |
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